Equities analysts predict that Criteo SA (NASDAQ:CRTO) will report earnings per share of $0.47 for the current quarter, according to Zacks. Seven analysts have made estimates for Criteo’s earnings. The highest EPS estimate is $0.51 and the lowest is $0.42. Criteo posted earnings of $0.65 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 27.7%. The business is expected to issue its next earnings results on Wednesday, November 7th.

According to Zacks, analysts expect that Criteo will report full-year earnings of $2.36 per share for the current financial year, with EPS estimates ranging from $2.24 to $2.65. For the next fiscal year, analysts anticipate that the company will post earnings of $2.44 per share, with EPS estimates ranging from $1.70 to $2.99. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Criteo.

Criteo (NASDAQ:CRTO) last posted its earnings results on Wednesday, August 1st. The information services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.39 by $0.14. Criteo had a net margin of 4.55% and a return on equity of 14.05%. The company had revenue of $230.00 million during the quarter, compared to the consensus estimate of $229.33 million. During the same period in the previous year, the firm posted $0.39 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis.

A number of equities research analysts have issued reports on CRTO shares. Pivotal Research started coverage on shares of Criteo in a research report on Monday, July 9th. They issued a “buy” rating and a $48.00 price objective for the company. BidaskClub raised shares of Criteo from a “hold” rating to a “buy” rating in a research report on Wednesday, June 13th. SunTrust Banks reaffirmed a “buy” rating and issued a $39.00 price objective on shares of Criteo in a research report on Wednesday, August 1st. They noted that the move was a valuation call. MED reduced their price objective on shares of Criteo to $38.00 and set a “buy” rating for the company in a research report on Thursday, August 2nd. Finally, Morgan Stanley reduced their price objective on shares of Criteo from $35.00 to $34.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 11th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $39.89.

CRTO stock traded up $0.33 during trading on Tuesday, reaching $23.92. The stock had a trading volume of 447,100 shares, compared to its average volume of 942,559. Criteo has a one year low of $21.00 and a one year high of $47.57. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 14.61 and a beta of 1.65.

In other Criteo news, COO Mary Spilman sold 3,815 shares of the business’s stock in a transaction dated Monday, July 30th. The shares were sold at an average price of $33.74, for a total value of $128,718.10. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.32% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. KBC Group NV boosted its stake in Criteo by 1.2% in the first quarter. KBC Group NV now owns 164,190 shares of the information services provider’s stock valued at $4,243,000 after acquiring an additional 2,012 shares during the last quarter. First Republic Investment Management Inc. boosted its stake in Criteo by 26.5% in the second quarter. First Republic Investment Management Inc. now owns 15,035 shares of the information services provider’s stock valued at $494,000 after acquiring an additional 3,152 shares during the last quarter. Mount Yale Investment Advisors LLC boosted its stake in Criteo by 58.9% in the second quarter. Mount Yale Investment Advisors LLC now owns 10,792 shares of the information services provider’s stock valued at $355,000 after acquiring an additional 4,000 shares during the last quarter. Northern Trust Corp boosted its stake in Criteo by 10.3% in the second quarter. Northern Trust Corp now owns 44,037 shares of the information services provider’s stock valued at $1,447,000 after acquiring an additional 4,120 shares during the last quarter. Finally, Aurora Investment Counsel boosted its stake in Criteo by 6.7% in the second quarter. Aurora Investment Counsel now owns 78,583 shares of the information services provider’s stock valued at $2,581,000 after acquiring an additional 4,935 shares during the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.

About Criteo

Criteo SA, a technology company, engages in digital performance marketing in France and internationally. The company's Criteo Shopper Graph, which collects clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo Engine solutions include recommendation algorithms that create tailored advertisements to specific customer interest by determining the specific products and services to include in the advertisement; predictive bidding algorithms that predict the probability and nature of a user's engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients.

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